Calculation Bases Sample Clauses

Calculation Bases. The CN shall calculate the saved amount per settlement period (§ 6. 1.1.) excluding the statutory turnover tax subject to the following provisions. The principles set forth in the following sub- sections of this § 9 are supplemented by the principles and calculation modes set forth in Annex 8. Moreover, the CN shall use the settlement pattern attached as Annex 10 and break down in an appendix the individual calculation steps and reference variables/data. Non-observance of this provision shall mean that the settlement cannot be verified and that the CN’s claim to remuneration is invalid. In this case, the CL shall be entitled to fix a reasonable period within which the CN shall submit a verifiable settlement and to draw up the settlement himself at the CN’s expense after effectless expiry of such period (in accordance with § 14 no. 4 VOB/B). For the purpose of drawing up the settlement, the CL shall without being asked on an ongoing basis submit to the CN as a basis for assessment all relevant energy supply bills including the energy consumption values recorded by him or a third party. On this basis, the following calculations shall be made:
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Calculation Bases. In the case of limited employment contracts the hourly rate shall be one eighth (1/8) of the daily fee or one fortieth (1/40) of the weekly fee or one one-hundred-and- Clause 10 Work on Saturdays, Sundays or public holidays 1. For work done on Saturdays a 100% surcharge on the hourly rate (as defined in Clause 9 para 5) shall be paid from the 5th hour and in any case from 3 p.m. 2. For work done on Sundays or public holidays a 100% surcharge on the daily fee (as defined in Clause 8 para 2) shall be paid. In addition, the employee shall be entitled to one paid day off in lieu. 3. Where the working time is regulated otherwise by an internal or individual agreement (Clause 5 para 1), the substitute weekend rest shall be considered work on a Saturday and/or Sunday or Public Holiday for which a surcharge is payable. 4. There shall be no entitlement to the above surcharges if no valid employment relationship existed with the same employer for at least three days immediately prior to and after the work on a Saturday and/or Sunday or public holiday.
Calculation Bases. (1) The CN shall calculate the saved amount after finishing of the preparatory services one time per settlement period (§ 6) excluding the statutory turnover tax subject supplemented by the principles and calculation modes set forth in Annex 8. Moreover, the CN shall use the settlement pattern attached as Annex 10 and break down in an appendix the individual calculation steps and reference variables/data. (2) For the purpose of drawing up the settlement, the CL shall without being asked on an ongoing basis submit to the CN as a basis for assessment all relevant documents.

Related to Calculation Bases

  • Calculation Dates The interest rate applicable to each Interest Reset Period will be determined by the Calculation Agent on or prior to the Calculation Date (as defined below), except with respect to LIBOR, which will be determined on the particular Interest Determination Date. Upon request of the Holder of a Floating Rate Note, the Calculation Agent will disclose the interest rate then in effect and, if determined, the interest rate that will become effective as a result of a determination made for the next succeeding Interest Reset Date with respect to such Floating Rate Note. The “Calculation Date”, if applicable, pertaining to any Interest Determination Date will be the earlier of: (1) the tenth calendar day after the particular Interest Determination Date or, if such day is not a Business Day, the next succeeding Business Day; or (2) the Business Day immediately preceding the applicable Interest Payment Date or the Maturity Date, as the case may be.

  • Calculation Any figure or percentage referred to in this Agreement shall be carried to seven decimal places.

  • Interest Rates Payments and Calculations (a) Interest Rate. Except as set forth in Section 2.3(b), or as ------------- specified to the contrary in any Loan Document, any Advances under this Exim Agreement shall bear interest, on the average daily balance, at a rate equal to the Prime Rate per annum.

  • Payment Calculation District shall pay Contractor at a rate of $ per . District shall pay Contractor as described in attached Exhibit A

  • Interest Calculations Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

  • Calculations All calculations under this Section 3 shall be made to the nearest cent or the nearest 1/100th of a share, as the case may be. For purposes of this Section 3, the number of shares of Common Stock deemed to be issued and outstanding as of a given date shall be the sum of the number of shares of Common Stock (excluding treasury shares, if any) issued and outstanding.

  • Calculation of Amounts Binding Effect of Interpretations and Actions of Master Servicer...............................

  • Calculation of Charges Contractor shall provide an invoice to the City on a monthly basis for goods delivered and/or Services completed in the immediate preceding month, unless a different schedule is set out in Appendix B, “Calculation of Charges.” Compensation shall be made for goods and/or Services identified in the invoice that the City, in his or her sole discretion, concludes has been satisfactorily performed. In no event shall the amount of this Agreement exceed [insert whole dollar amount in numbers and words -- no pennies and no “.00”]. The breakdown of charges associated with this Agreement appears in Appendix B, “Calculation of Charges.” A portion of payment may be withheld until conclusion of the Agreement if agreed to by both Parties as retainage, described in Appendix B. In no event shall City be liable for interest or late charges for any late payments. City will not honor minimum service order charges for any services covered by this Agreement.

  • CALCULATION OF NET ASSET VALUE U.S. Trust will calculate the Fund's daily net asset value and the daily per-share net asset value in accordance with the Fund's effective Registration Statement on Form N-2 (the "Registration Statement") under the Securities Act of 1933, as amended (the "Securities Act"), including its current prospectus. If so directed, U.S. Trust shall also calculate daily the net income of the Fund

  • Interest Calculation Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the period for which the calculation is being made by (b) a daily rate based on a three hundred sixty (360) day year by (c) the outstanding principal balance.

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